Study warns 4°C warming could slash global GDP by 40% by 2100
Study warns 4°C warming could slash global GDP by 40% by 2100

A new study from the University of New South Wales (UNSW) has warned that global GDP could shrink by 40% by 2100 if temperatures rise by 4C, a far worse scenario than previous estimates suggesting an 11% decline, reports Xinhua. The research, conducted by UNSWs Institute for Climate Risk...

Eurozone 2024 economic growth revised up to 0.9%
Eurozone 2024 economic growth revised up to 0.9%

The eurozone economy grew by 0.9% in 2024, revised data showed Friday, higher than a previous estimate of 0.7%, reports AFP. The EUs official statistics agency also revised growth for the fourth quarter of 2024 for the second time to 0.2% in the 20-country single currency area, from 0.1%...